<span class="cursor-pointer"><a> More </a></span></div></div></div></header><!----><div class="vs-card--content"> <div data-v-93e715f0><!----> <!----> <!----> <!----> <div data-v-fe4035fa data-v-93e715f0><a class="invisible lg:visible cursor-pointer text-grey text-lg" style="position: absolute; margin-left: -110px" data-v-fe4035fa><b data-v-fe4035fa>00:00:02</b></a> <div class="segment-text text-justify" data-v-fe4035fa>mm Hey it's robert from freedom factory and I want to talk to you about an entrepreneurial truth and what I call this is the myth of the million dollar idea. And the other day I was talking to a friend of mine and he was looking at our company and he said, man, I wish I had that idea. And I talked to him about the myth of the million dollar idea and I said that million dollar ideas don't exist and he didn't understand what I meant. So then I asked him a question. I said, What's the difference between $1 million $1 million? And he thought about it for a second and he said, well I don't know. And I said, well it's $1 million dollar execution and the good news is a million dollar execution is a learn able teachable skill. Now it doesn't matter if you have a business brokerage like we do or software companies or boat manufacturers or any of the types of companies that we've talked about in the past. The difference between that million dollar idea and the million dollars is a million dollar execution and I want you to think about that. And the great news is a million dollar execution is the learn herbal teachable skill.</div> <br data-v-fe4035fa></div><div data-v-fe4035fa data-v-93e715f0><a class="invisible lg:visible cursor-pointer text-grey text-lg" style="position: absolute; margin-left: -110px" data-v-fe4035fa><b data-v-fe4035fa>00:01:08</b></a> <div class="segment-text text-justify" data-v-fe4035fa>All machines are the same when we're building a machine, you know, there's revenue, their sales, there's marketing, there's infrastructure, you figure out what you need to do and you work on your business, not in it. And it doesn't really matter what kind of business it is now if you learn how to build the machines, for example, let's say have a sales problem. If you go out and read how to win friends and influence people by dale Carnegie, it's going to help you with your sales, no matter what kind of business you're in, no matter how many businesses that you do. So there's a set amount of entrepreneurial lessons and it's your choice, you can learn them fast or you can learn them slow. But I would figure out what your biggest strengths are and I would accentuate those and I figure out your biggest weaknesses and I would either higher to address those or I would work on acquiring the skills to be able to get a complete skill set there and be able to develop $1 million dollar execution. Because once you have million dollar execution, you can change the world in so many ways, you can build a machine any machine. And so I wouldn't get lost on the idea of $1 million dollar idea or the myth of the million dollar idea.</div> <br data-v-fe4035fa></div><div data-v-fe4035fa data-v-93e715f0><a class="invisible lg:visible cursor-pointer text-grey text-lg" style="position: absolute; margin-left: -110px" data-v-fe4035fa><b data-v-fe4035fa>00:02:11</b></a> <div class="segment-text text-justify" data-v-fe4035fa>People say all the time they say, you know, I wish I thought of the Pet Rock, well it wasn't the Pet rock, the person that started the Pet rock understood. Million dollar execution and the good news is so can you, if you have any questions about any of the things that we've talked about, why don't you give us a call it freedom factory, I'm robert and we'll talk to you soon</div> <br data-v-fe4035fa></div></div></div><!----><!----></div></div></div> <div class="player shadow-lg p-4 px-6 player-public" data-v-7cb7ef51 data-v-93e715f0><div class="vs-row" style="display:flex;width:100%;" data-v-7cb7ef51><div class="vs-col lg:flex md:hidden sm:hidden xs:hidden vs-xs- vs-sm- vs-lg-" style="justify-content:center;display:flex;align-items:center;margin-left:0%;width:25%;" data-v-7cb7ef51><div class="flex justify-between items-center" data-v-7cb7ef51><div class="mr-3" data-v-7cb7ef51><img src="https://ssl-static.libsyn.com/p/assets/e/f/3/4/ef34cb5d9e8e4de3/36_What_is_the_Myth_of_the_Million_Dollar_Idea_.jpg" class="image rounded-lg" data-v-7cb7ef51></div> <div data-v-7cb7ef51><div class="text-md font-bold leading-none mb-1 audio-title truncate" data-v-7cb7ef51> Tyler Tysdal And Robert Hirsch Explained the Myth of the Million Dollar Idea </div></div></div></div> <div class="vs-col flex-col vs-xs-12 vs-sm-12 vs-lg-" style="justify-content:center;display:flex;align-items:center;margin-left:0%;width:75%;" data-v-7cb7ef51><div class="flex lg:hidden md:flex sm:flex xs:flex" data-v-7cb7ef51><div class="text-md font-bold leading-none mb-3" data-v-7cb7ef51> Tyler Tysdal And Robert Hirsch Explained the Myth of the Million Dollar Idea </div></div> <div class="w-full flex items-center justify-center" data-v-7cb7ef51><div class="flex items-center mr-3" data-v-7cb7ef51><i class="vs-icon notranslate icon-scale mx-1 cursor-pointer material-icons 30px" style="width:30px;height:30px;font-size:30px;" data-v-7cb7ef51>replay_10</i> <i class="vs-icon notranslate icon-scale mx-1 cursor-pointer material-icons 30px" style="width:30px;height:30px;font-size:30px;" data-v-7cb7ef51>forward_10</i></div> <audio controls="controls" class="w-100 bg-white" 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Podcasts",rss:"http:\u002F\u002Ftylertysdalpodcasts.org\u002Frss",image:"https:\u002F\u002Fssl-static.libsyn.com\u002Fp\u002Fassets\u002F8\u002Ff\u002F8\u002Fd\u002F8f8ddc2c44df21f4\u002FTyler_Tysdal_and_Natalie_Tysdal_banner_image_1400x1400.jpg",numberEpisodes:62,runningTimeInSeconds:17819,averageTimeInSeconds:287,episodesTranscribed:f,episodesIndexed:f,status:"errored",jobs_in_progress:a,pretty_title:"tyler-tysdal-s-videos-and-podcasts-by-tyler-tysdal",host:"Tyler Tysdal",description:"Denver business broker Tyler Tysdal and Robert Hirsch from Freedom Factory discuss how to prepare and sell your business for maximum value. Videos and podcasts available for entrepreneurs to learn how to properly assess the value of their business and time the sale accordingly. Tyler Tysdal is a managing partner and business broker at Freedom Factory in Denver Colorado, helping entrepreneurs sell their businesses for maximum value. The Partners at Freedom Factory each have a minimum of 20 years of entrepreneurial experience, and our passion is “helping the helpers” by putting resources in the hands of our fellow producers to radically. Tysdal has years of experience as a private equity fund manager managing millions of dollars from investors in the sports and entertainment industries. Tyler Tysdal has operated Impact Opportunities Fund, Cobalt Sports Capital, and TitleCard Capital. Managing director of Tivis Ventures and Platte Management. Tyler T. Tysdal is a distinguished alumni from North Platte High School and graduated in 1989. Tysdal graduated from Harvard Business School with his MBA.",autoIndex:b,transcriptionsArePublic:c,publicSearchEnabled:c},startsFrom:g,transcription:{transcription:[{text:"mm Hey it's robert from freedom factory and I want to talk to you about an entrepreneurial truth and what I call this is the myth of the million dollar idea. And the other day I was talking to a friend of mine and he was looking at our company and he said, man, I wish I had that idea. And I talked to him about the myth of the million dollar idea and I said that million dollar ideas don't exist and he didn't understand what I meant. So then I asked him a question. I said, What's the difference between $1 million $1 million? And he thought about it for a second and he said, well I don't know. And I said, well it's $1 million dollar execution and the good news is a million dollar execution is a learn able teachable skill. Now it doesn't matter if you have a business brokerage like we do or software companies or boat manufacturers or any of the types of companies that we've talked about in the past. The difference between that million dollar idea and the million dollars is a million dollar execution and I want you to think about that. And the great news is a million dollar execution is the learn herbal teachable skill.",timestamps:[2.44,3.64,4.04,4.29,4.62,4.77,5.06,5.56,5.73,5.79,5.97,6.04,6.33,6.44,6.54,6.78,6.87,7.5,8.44,8.69,8.84,8.93,9.18,9.44,9.72,9.86,10.27,10.38,10.46,10.73,11.06,a,11.94,12.4,12.59,12.76,13.05,13.11,13.24,13.53,13.62,13.7,13.91,13.97,14.3,14.99,15.44,15.79,16.24,16.94,17.17,17.59,17.69,17.77,a,17.99,a,18.38,18.46,18.69,18.75,18.95,19.16,a,20.14,20.38,20.44,20.8,20.93,21.14,21.79,21.96,22.24,22.33,22.41,22.65,22.95,23.57,23.93,23.99,24.29,24.53,24.83,25.14,25.76,26.06,26.76,26.9,26.98,27.19,27.56,27.67,27.72,a,28.44,28.71,28.84,28.89,29.1,29.19,29.22,a,30.34,30.44,a,30.61,30.79,30.86,31.1,31.28,31.31,31.54,33.06,a,34.04,34.18,34.26,34.51,34.73,34.82,34.91,34.97,36.34,36.57,36.65,a,36.8,37.02,37.48,37.73,a,38.64,38.82,38.86,a,38.99,39.1,39.22,39.26,39.48,39.75,41.14,41.46,41.54,41.7,42.08,42.25,42.3,42.51,42.72,43.4,43.59,43.68,44.05,44.25,44.69,a,45.29,45.73,45.84,46.14,46.47,46.68,46.84,47.11,47.64,48.12,48.67,48.92,49.14,49.48,50.14,50.76,51.39,51.58,51.93,52.84,52.95,53.1,53.17,53.25,53.48,53.54,54.14,54.42,54.63,54.94,55.15,55.22,55.3,a,56.44,56.55,56.9,57.11,57.26,57.53,57.87,59.01,59.18,59.24,59.49,60.38,60.54,60.59,60.86,61.12,61.99,62.13,62.16,62.29,62.35,62.43,62.6,62.81,a,63.54,63.76,63.84,64.1,64.58,64.71,64.76,64.95,65.12,66.09,66.26,66.4,66.71,67.06,67.66,a],offset_from_start:2},{text:"All machines are the same when we're building a machine, you know, there's revenue, their sales, there's marketing, there's infrastructure, you figure out what you need to do and you work on your business, not in it. And it doesn't really matter what kind of business it is now if you learn how to build the machines, for example, let's say have a sales problem. If you go out and read how to win friends and influence people by dale Carnegie, it's going to help you with your sales, no matter what kind of business you're in, no matter how many businesses that you do. So there's a set amount of entrepreneurial lessons and it's your choice, you can learn them fast or you can learn them slow. But I would figure out what your biggest strengths are and I would accentuate those and I figure out your biggest weaknesses and I would either higher to address those or I would work on acquiring the skills to be able to get a complete skill set there and be able to develop $1 million dollar execution. Because once you have million dollar execution, you can change the world in so many ways, you can build a machine any machine. And so I wouldn't get lost on the idea of $1 million dollar idea or the myth of the million dollar idea.",timestamps:[68.06,68.41,68.9,68.97,69.07,69.38,69.51,69.66,70.06,70.1,a,71.24,71.33,a,71.46,71.75,a,72.36,72.57,a,73.36,73.64,a,74.25,74.45,a,75,75.31,75.56,75.73,76.03,76.12,76.31,76.41,76.75,76.89,76.97,77.26,77.55,77.71,a,78.13,78.36,78.51,a,78.66,78.77,78.83,79.22,79.51,79.97,80.53,80.81,80.92,81.26,81.36,82.24,82.68,82.82,82.91,83.12,83.24,83.34,83.59,83.65,a,84.04,84.12,a,84.43,84.55,84.64,84.75,84.8,85.2,a,86.04,86.32,86.44,86.6,86.81,86.94,87.39,87.84,87.94,88.12,88.37,88.48,88.84,89.12,89.24,89.46,a,90.14,90.58,90.72,90.8,91.11,91.2,91.32,91.43,a,91.8,91.9,92.08,92.33,92.55,92.62,92.93,93.08,a,93.39,93.65,93.84,94.11,94.3,94.87,94.99,95.09,a,95.56,95.96,96.16,96.23,96.54,96.82,96.89,97.48,98.02,98.18,98.31,98.48,a,99,99.39,99.49,99.64,99.76,100.39,100.82,100.94,101.05,101.24,101.38,a,102.34,102.57,102.62,102.77,103,103.12,103.24,103.34,103.61,103.96,104.3,104.42,104.47,104.6,105.19,105.79,106.13,106.17,106.47,106.58,106.7,107.06,107.87,108.05,108.12,108.34,108.56,108.99,109.15,109.53,110.08,110.86,110.92,111.05,111.31,111.4,111.9,111.99,112.73,112.89,113.01,113.18,113.26,113.36,113.42,114.02,114.35,114.61,114.99,115.38,115.51,115.73,115.83,116.32,116.36,116.8,117.12,a,117.83,118.32,118.54,118.62,118.74,119,119.26,a,120.34,120.58,120.71,121.12,121.22,121.61,121.76,122.19,122.48,a,123.34,123.49,123.62,123.93,123.97,124.88,125.15,a,126.14,126.44,126.58,126.65,126.93,127.09,127.55,127.67,127.97,128.47,128.57,128.63,128.92,129.25,130.14,130.36,130.46,130.8,130.89,130.97,131.24,131.5,a],offset_from_start:68},{text:"People say all the time they say, you know, I wish I thought of the Pet Rock, well it wasn't the Pet rock, the person that started the Pet rock understood. Million dollar execution and the good news is so can you, if you have any questions about any of the things that we've talked about, why don't you give us a call it freedom factory, I'm robert and we'll talk to you soon",timestamps:[131.74,132.02,132.24,132.37,132.48,132.77,132.88,a,133.64,133.86,a,133.97,134.04,134.32,134.54,134.83,134.9,134.99,135.24,a,135.77,136.11,136.21,136.51,136.59,136.9,a,137.63,137.79,138.13,138.29,138.68,138.77,138.99,139.31,a,139.77,140.02,140.28,141.05,141.47,141.56,141.74,141.99,142.19,142.39,142.55,a,143.24,143.42,143.49,143.61,143.82,144.31,144.53,144.68,144.74,144.8,144.98,145.07,145.19,145.44,a,145.67,145.8,145.94,146.01,146.13,146.21,146.27,146.47,146.55,146.81,a,147.42,147.84,148.41,148.53,148.64,148.85,148.94,149.02],offset_from_start:131}],transcriptionIsModified:b,podcastId:e,id:44202,title:"Tyler Tysdal And Robert Hirsch Explained the Myth of the Million Dollar Idea",image:"https:\u002F\u002Fssl-static.libsyn.com\u002Fp\u002Fassets\u002Fe\u002Ff\u002F3\u002F4\u002Fef34cb5d9e8e4de3\u002F36_What_is_the_Myth_of_the_Million_Dollar_Idea_.jpg",description:"\u003Ch2\u003ETyler Tysdal and Robert Hirsch Shares Important Tips Related to Finance and Business\u003C\u002Fh2\u003E \u003Cp\u003E\u003Ciframe title=\"tyler tysdal entrepreneur\" src= \"https:\u002F\u002Fplayer.vimeo.com\u002Fvideo\u002F389990126\" width=\"640\" height=\"360\" frameborder=\"0\"\u003E\u003C\u002Fiframe\u003E\u003C\u002Fp\u003E \u003Ch3\u003EContact Freedom Factory\u003C\u002Fh3\u003E \u003Cp\u003EFreedom Factory\u003Cbr \u002F\u003E 5500 Greenwood Plaza Blvd., Ste 230\u003Cbr \u002F\u003E Greenwood Village, CO 80111\u003Cbr \u002F\u003E Phone: 844-MAX-VALUE (844-629-8258)\u003Cbr \u002F\u003E \u003Ca href= \"https:\u002F\u002Fwww.freedomfactory.com\u002F\"\u003Ehttps:\u002F\u002Fwww.freedomfactory.com\u002F\u003C\u002Fa\u003E\u003Cbr \u002F\u003E \u003Ca href=\"https:\u002F\u002Fg.page\u002Ffreedom-factory-denver\"\u003EFreedom Factory\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Ch3\u003E\u003Cem\u003EFreedom Factory Managing Partners\u003C\u002Fem\u003E\u003C\u002Fh3\u003E \u003Ch4\u003ETyler Tysdal\u003C\u002Fh4\u003E \u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww.linkedin.com\u002Fin\u002Ftyler-tysdal\"\u003ETyler Tysdal, Managing Director, Freedom Factory\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Cp\u003EFind out more about Tyler Tysdal on his website \u003Ca title= \"Tyler Tysdal Website\" href= \"https:\u002F\u002Ftylertysdal.org\u002Ftyler-tysdal\u002F\"\u003Ehttps:\u002F\u002Ftylertysdal.org\u002Ftyler-tysdal\u002F\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Ch4\u003ERobert Hirsch\u003C\u002Fh4\u003E \u003Cp\u003EEntrepreneur, Investor, Speaker, Artist\u003C\u002Fp\u003E \u003Cp\u003E\u003Ca href=\"https:\u002F\u002Froberthirsch.com\u002F\"\u003EVisit His Website\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Ciframe title=\"Freedom-Factory\" src= \"https:\u002F\u002Fwww.google.com\u002Fmaps\u002Fembed?pb=!1m18!1m12!1m3!1d3073.496687996668!2d-104.90087878462823!3d39.616019079466234!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x876c87c5a2bdce1b%3A0x79e43f931f67c650!2sFreedom%20Factory!5e0!3m2!1sen!2sus!4v1589495136953!5m2!1sen!2sus\" width=\"600\" height=\"450\" frameborder=\"0\"\u003E\u003C\u002Fiframe\u003E\u003C\u002Fp\u003E \u003Ch2\u003ERecent News\u003C\u002Fh2\u003E \u003Ch3\u003EInvestment Expert, Tyler Tysdal, Enlists the Common Business Challenges for Budding Entrepreneurs\u003C\u002Fh3\u003E \u003Cp\u003E\u003Cimg style=\"float: right;\" src= \"https:\u002F\u002Fdigiherald.com\u002Fwp-content\u002Fuploads\u002F2020\u002F04\u002Ftyler-tysdal-2-990x462.png\" alt=\"Tyler Tysdal\" width=\"200\" height=\"93\" \u002F\u003E\u003Ca href= \"https:\u002F\u002Fwww.instagram.com\u002Ftyler_tysdal\u002F\"\u003ETyler Tysdal\u003C\u002Fa\u003E, a renowned investment expert has enlisted the common business challenges that every young entrepreneur faces in today’s business world. He is known for his brokerage skills and investment strategies in the business world. Through Freedom Factory, Tyler Tysdal and his partner Robert Hirsch is providing brokerage services to his clients in helping businesses get the right value in the market.\u003C\u002Fp\u003E \u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww.crunchbase.com\u002Fperson\u002Ftyler-tysdal\"\u003ETyler Tysdal\u003C\u002Fa\u003E, a Denver based broker and investment expert has achieved a great height of success in his career. The entrepreneur has stated that more youngsters should dive into the entrepreneurial world to pursue their dreams. In addition to this, the investment expert has added that one must take into consideration the common challenges every youngster needs to prepare for while embarking on his entrepreneurial journey.\u003Cbr \u002F\u003E \u003Ca href= \"https:\u002F\u002Fdigiherald.com\u002Finvestment-expert-tyler-tysdal-enlists-the-common-business-challenges-for-budding-entrepreneurs\u002F\"\u003E Read more here\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Ch3\u003ESuccessful Entrepreneur, Tyler Tysdal, Shares Important Tips Related to Finance and Business\u003C\u002Fh3\u003E \u003Cp\u003E\u003Cimg style=\"float: right;\" src= \"https:\u002F\u002Ftricitydaily.com\u002Fwp-content\u002Fuploads\u002F2020\u002F04\u002FTyler-Tysdal.png\" alt=\"Tyler Tysdal\" width=\"200\" height=\"133\" \u002F\u003ETyler Tysdal, a successful investor and seasoned entrepreneur, has shared important tips related to managing finances in the business sector. He has got over 20 years of experience in handling investment, finances, and other business-related subjects. Tyler Tysdal along with his friend, Robert Hirsch, is helping the struggling entrepreneurs in handling their businesses effectively.\u003C\u002Fp\u003E \u003Cp\u003EIn his podcasts and videos, \u003Ca href= \"https:\u002F\u002Fwww.crunchbase.com\u002Fperson\u002Ftyler-tysdal\"\u003ETyler Tysdal\u003C\u002Fa\u003E also shares the importance of private equity and venture capital. In order to lay importance on investment in the business sector, he explains that PR investment required the PE company to make business decisions. He has also said that for a new business it is a good idea to resort to VC investment to get financial support. Moreover, Tyler also helps in selling a business to get the right value and one can contact Tyler Tysdal to seek important information on this subject.\u003Cbr \u002F\u003E \u003Ca href= \"https:\u002F\u002Ftricitydaily.com\u002Fsuccessful-entrepreneur-tyler-tysdal-shares-important-tips-related-to-finance-and-business\u002F\"\u003E Read more here\u003C\u002Fa\u003E\u003C\u002Fp\u003E",published_date:"2020-10-28T00:00:00.000+00:00",duration:169,link_to_podcast_mp3:"https:\u002F\u002Ftraffic.libsyn.com\u002Fsecure\u002Ftylertysdal\u002F36_What_is_The_Myth_of_the_Million_Dollar_Idea__VRv2.mp3?dest-id=2009345",transcriptionId:3107}}],fetch:{},error:d,state:{podcast:{},totalEpisodes:a,totalAudioFiles:a,totalIndexedEpisodes:a,totalTranscribedEpisodes:a,totalTranscribedAudioFiles:a,isSidebarActive:c,breakpoint:d,sidebarWidth:"default",reduceButton:b,bodyOverlay:b,sidebarItemsMin:b,theme:"semi-dark",AppActiveUser:{id:a,name:"John Doe",about:"Dessert chocolate cake lemon drops jujubes. Biscuit cupcake ice cream bear claw brownie brownie marshmallow.",img:"user-1.jpg",status:"online"},themePrimaryColor:g,userRole:d,auth:{authUser:{},signUp:{email:h,password:h}},store:{}},serverRendered:c,routePath:"\u002Fpod\u002Ftyler-tysdal-s-videos-and-podcasts-by-tyler-tysdal\u002Fepisodes\u002F44202\u002Ftranscription",config:{_app:{basePath:"\u002F",assetsPath:"\u002F_nuxt\u002F",cdnURL:d}}}}(0,false,true,null,354,33,void 0,""));</script><script src="/_nuxt/622cb68.js" defer></script><script src="/_nuxt/21b92d6.js" defer></script><script src="/_nuxt/89c8276.js" defer></script><script src="/_nuxt/b5381d5.js" defer></script><script src="/_nuxt/9210c4d.js" defer></script><script src="/_nuxt/42175ed.js" defer></script><script src="/_nuxt/f2ddfc6.js" defer></script><script src="/_nuxt/128eedf.js" defer></script> </body> </html>
